Kronish House in Beverly Hills Sells, Averting Demolition

The Richard Neutra-designed Kronish house, which faced demolition this month in Beverly Hills, has sold for $12.8 million to an undisclosed buyer.

The property became a flash point among preservationists this year after the sellers, who owned it through Soda Partners LLC, contemplated tearing down the house after it failed to attract a buyer at its asking price of $13.995 million. The Kronish house is the last remaining house in Beverly Hills designed by architect Richard Neutra, a prominent figure in modernist architecture known for his geometric structures that made use of glass to create a sense of open space.

Susan Smith, the real-estate agent who helped broker the deal, said that the house was purchased in the name of a trust, and that the buyers had been looking for a property with architectural history. “It will definitely be identifiable as a Neutra house,” wrote Ms. Smith in an email to Developments. “The new owner is going to preserve the house and this will take about two years,” she added. “It will be a private home.”